Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Cypress Semiconductor Corporation    CY

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Cypress Semiconductor Corporation : U.S. Patent and Trademark Office Confirms Cypress SRAM Patent Asserted in Cypress's ITC Action Against GSI Technology

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 02:40pm CET

Cypress Semiconductor Corp. (Nasdaq: CY) today announced that the U.S. Patent and Trademark Office (PTO) has completed its re-examination of Cypress's U.S. Patent No. 7,142,477 and confirmed its validity. In particular, the PTO confirmed without amendment both of the claims being asserted by Cypress in the International Trade Commission's (ITC) patent infringement case against GSI Technology Inc., and allowed 64 new claims added by Cypress during the re-examination.

"The Patent and Trademark Office's re-examination review was exhaustive," said Dana Nazarian, executive vice president of Cypress's Memory Products Division. "The '477 patent was re-examined in light of all of the prior art submitted by GSI in its re-examination request, as well as prior art used by GSI in its defense of the ITC investigation. The PTO ruling confirms what we've known all along - that the '477 patent is rock-solid.

"In a November 2011 press release, Lee-Lean Shu, the CEO of GSI, said 'we are confident that completion of the re-examination will result in a final rejection of these claims,'" Nazarian continued. "The PTO not only reaffirmed the '477 patent, it allowed 64 new claims. It is now clear that Mr. Shu's prediction about the '477 patent was wrong."

In June 2011, Cypress filed a complaint with the ITC alleging that GSI's SigmaQuad-II™, SigmaQuad-III™ and SigmaDDR™ SRAM families infringe four Cypress SRAM patents. The case was later expanded to include GSI's standard synchronous and ZBT SRAMs, as well as a proprietary product made by GSI for its largest customer. The complaint seeks an exclusion order from the ITC that would prevent the importation of all infringing GSI SRAMs. The trial has been completed, and the ITC is expected to rule on this case in late July.

About Cypress

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® 1, PSoC 3 and PSoC 5 programmable system-on-chip families and derivatives, and CapSense® touch sensing and TrueTouch® solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets, PCs and tablets. Cypress is also the world leader in SRAM memories. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial and military. Cypress trades on the Nasdaq Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.

Cypress and the Cypress logo, PSoC, CapSense, TrueTouch and West Bridge are registered trademarks of Cypress Semiconductor Corp. All other trademarks are property of their owners.

Cypress Semiconductor Corp.
Joe McCarthy, 408-943-2902
Corporate Communications
jmy@cypress.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CYPRESS SEMICONDUCTOR CORP
02/17 CYPRESS SEMICONDUCTOR CORP /DE/ : Other Events, Financial Statements and Exhibit..
02/17 CYPRESS SEMICONDUCTOR : Responds to Attempt by Departed Former CEO to Regain Inf..
02/16 CYPRESS : to Address Morgan Stanley Technology, Media and Telecom Conference on ..
02/16 CYPRESS SEMICONDUCTOR : ' USB-C Solution Enables Elka to Bring the World's First..
02/02 CYPRESS SEMICONDUCTOR : reports 4Q loss
02/02 CYPRESS SEMICONDUCTOR CORP /DE/ : Results of Operations and Financial Condition,..
02/02 CYPRESS : Reports Fourth Quarter and Year-End 2016 Results
02/02 CYPRESS SEMICONDUCTOR : Patent Issued for System Level Interconnect with Program..
01/26 CYPRESS SEMICONDUCTOR : to Announce Fourth Quarter and Year End 2016 Results on ..
01/26 CYPRESS SEMICONDUCTOR : Patent Issued for Methods of Fabricating an F-RAM (USPTO..
More news
Sector news : Semiconductors - NEC
02/16 Siemens to separate Mechanical Drives business
02/16 Toshiba may delay chip auction after widening sale to majority stake - source
02/15 Japan's Toshiba to start again on chip business sale - Jiji
02/15 TOSHIBA TO DELAY CHIP BUSINESS SALE : Kyodo
02/10 Graphics-chip maker Nvidia's revenue beats expectations
More sector news : Semiconductors - NEC
News from SeekingAlpha
02/17 Cypress Semiconductor founder nominates board candidates
02/17 Cypress Semiconductor affirms lawsuit by former CEO, discloses measures to im..
02/04 Top Technology Sector Dogs Are Ericsson For Yield And Comtech For Gains In Fe..
02/03 Cypress Semiconductor +8.52%; Q4 2016, outlook positive
02/03 PREMARKET GAINERS / LOSERS AS OF 9 : 10 am
Advertisement
Financials ($)
Sales 2017 2 147 M
EBIT 2017 271 M
Net income 2017 -0,44 M
Debt 2017 808 M
Yield 2017 3,41%
P/E ratio 2017 -
P/E ratio 2018 38,21
EV / Sales 2017 2,32x
EV / Sales 2018 2,07x
Capitalization 4 163 M
More Financials
Chart CYPRESS SEMICONDUCTOR CORP
Duration : Period :
Cypress Semiconductor Corp Technical Analysis Chart | CY | US2328061096 | 4-Traders
Full-screen chart
Technical analysis trends CYPRESS SEMICONDU...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 13,7 $
Spread / Average Target 6,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hassane El-Khoury President, Chief Executive Officer & Director
H. Raymond Bingham Executive Chairman
Dana C. Nazarian Executive Vice President-Operations & Technology
Sam Thad Trent Chief Financial Officer & EVP-Administration
Paul D. Keswick Executive VP-Marketing & Information Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CYPRESS SEMICONDUCTOR ..12.76%4 163
INTEL CORPORATION0.58%172 879
TAIWAN SEMICONDUCTOR M..--.--%160 112
BROADCOM LTD19.03%83 602
TEXAS INSTRUMENTS INCO..4.76%76 401
NVIDIA CORPORATION0.46%57 368
More Results